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SUVs That Keep Their Value: Top Picks Revealed
8 Apr
Summary
- Certain SUVs retain significant value, according to Edmunds' analysis.
- Toyota Corolla Cross and RAV4 excel in their categories.
- Toyota 4Runner leads all SUVs with 83% residual value.
Buying a new vehicle is exciting, but depreciation can be a significant concern. Edmunds analyzed used 2023 model-year SUVs to identify which ones best retain their value. These insights can help shoppers make smarter long-term purchasing decisions.
In the subcompact SUV segment, the Toyota Corolla Cross stands out, holding 81.7% of its original value after three years. For small SUVs, the Toyota RAV4 Hybrid impressively retains 81.4% of its value, closely followed by the Honda CR-V.
The midsize SUV category sees the Toyota 4Runner lead with an exceptional 83% residual value, praised for its rugged design and off-road capability. For larger families, the Toyota Highlander Hybrid maintains 77% of its value, while the Honda Pilot offers ample space. In the large SUV class, the Toyota Sequoia retains 80% of its value, and the Chevrolet Tahoe is also a strong contender.
